·
ATM
2018 will feature 68 main stand hotel exhibitors, including eight new brands, covering
an area of over 5,000 sqm
·
Expansion
coincides with sharp increase in new
entrants to the regional hospitality market and GCC pipeline reaching 152,551
rooms
·
Responsible
Tourism will headline ATM 2018 accompanied by the inaugural
ATM Student
Conference and Destination Investment Forum
Hotels
will comprise 20% of the total show area at Arabian Travel Market 2018, the
largest exhibition of regional and global hotel brands in the history of ATM.
Taking
place at Dubai World Trade Centre from April 22-25, ATM 2018 will feature 68
main hotel stand exhibitors, including eight new brands, over an area of more
than 5,000 sqm, in addition to over 100 Middle East hotels featured alongside their
respective national tourism organisations.
Simon
Press, Senior Exhibition Director, ATM said: “Arabian Travel Market continues
to be the preferred route to market for many international and regional
hospitality brands and the increase in hotel exhibition space in 2018 reflects
the hundreds of new property and brand launches we have seen during the last 12
months.
“Over
the coming years we will see these new
properties prosper as millions more
tourists visit the region for the first time. The last 12 months brought
unprecedented developments in major markets and the region is poised for further
great developments in 2018,” he added.
The largest stands
will feature A.A.Al Moosa Enterprises UAE, owners of hotels operated by Hilton,
Starwood, Marriott, Taj and Wyndham; Intercontinental Hotel Group; and the
Middle East’s newest hotel group, Roda Hotels. They will operate stands covering
185sqm, 120sqm and 100sqm, respectively.
Celebrating its 25th
edition in 2018, ATM will also welcome some of the brands that were present at
the first show, back in 1994. Including Abjar Hotels International, Abu Dhabi
National Hotels Forte Group, Holiday Inn Hotels & Resorts, Marriott
International, Sheraton Hotels & Resorts and Taj Hotels.
As stakeholders in
the regional hospitality industry, each brand has contributed to the GCC’s
phenomenal rate of growth, which is driven currently by the UAE, Saudi Arabia
and Oman.
Data from STR
confirms the total pipeline of rooms in the GCC currently stands at 152,551
across 518 properties. The leading contributors are the UAE with 73,981 rooms
in the pipeline; Saudi Arabia with 64,015; and Oman with 8,823. In percentage terms the largest increase on existing stock
will be seen in Saudi Arabia, which is on track to witness 123.7% growth.
In terms of market growth, research published by
Colliers International ahead of ATM indicates the hospitality market in Saudi
Arabia will grow at a Compound Annual Growth Rate (CAGR) of 13.5% to 2022,
ahead of that of the UAE (10.1%) and Oman (11.8%).
The
growth expected across the GCC and Middle East will bring billions of dollars
in opportunities for the region’s key players. Helping them navigate the
investment landscape, ATM has partnered with IHIF (International Hotel
Investment Forum) organisers to deliver the inaugural Destination Investment
Forum, which will take place on the Global Stage.
Discussion will cover investment
drivers across the region’s top travel destinations with focus on who is investing, what assets they are
looking for, and how destinations can attract investment.
Press
said: “Providing key intelligence, insight and advice, the Destination
Investment Forum is the next step in pairing owners and investors with
operators highlighting the opportunities that will drive the next era of
hospitality in the region. The event will outline opportunities for private
sector investors as well as providing a
forum to ensure regional strategies for future development are aligned.
“A
natural evolution of the core concept of Arabian Travel Market, our 25th
event is the opportune time to introduce this exciting new addition to what is
now a bumper edition of ATM,” he added.
ATM
2018 has adopted Responsible Tourism – including sustainable travel trends - as
its main theme and this will be integrated across all show verticals and
activities, including advice clinics and focused seminar sessions, featuring
dedicated exhibitor participation. Running throughout the event, professionals
from across the industry will demonstrate how, with the correct strategy in
place, the tourism industry can expand its responsible credentials.
In
celebrations of its 25th year, this year’s show will host a series
of seminar sessions looking back on the tourism revolution in the MENA region
over the last quarter of a century, while exploring how the industry will shape
up over the next 25 years, in light of geopolitical tensions, economic
uncertainties, huge technological advances and, of course, the increasing trend
of responsible tourism.
Debuting
at this year’s event will be the ATM Student Conference – ‘Career in Travel’ –
a programme aimed at students and graduates. Taking place on the final day of
ATM, this programme will allow students to listen to guest speakers and travel
industry leaders. It will also help provide a greater understanding of the
industry and potential career paths.
Following
a successful launch last year, the second edition of the International Luxury
Travel Market Arabia (ILTM) will return on the first two days of the show.
International luxury suppliers and key luxury buyers will connect via
one-to-one pre-scheduled appointments and networking opportunities.
Other
popular features returning to the show repertoire this year include the
ultra-innovative Travel Tech Show, Wellness and Spa Lounge and the Travel Agent
Academy as well as the Digital Influencer Speed Networking and the Buyers’ Club.
The
ATM Best Stand Awards are back for a fourth
year and will
see a line-up of top judges and visitors to the annual industry event
acknowledge the design, creativity and positioning of exhibiting companies’
physical presence at the annual showcase.
ATM
– considered by industry professionals as a barometer for the Middle East and
North Africa tourism sector, welcomed over 39,000 people to its 2017 event,
including 2,661 exhibiting companies, signing business deals worth more than
$2.5 billion over the four days.